SPROTT: Signs of Capitulation Everywhere In The Gold Market
Today one of the greats in the business noted signs of capitulation are everywhere in the gold market.
Today one of the greats in the business noted signs of capitulation are everywhere in the gold market.
Today one of the greats in the business warned that the US Fed has created 50% more money out of thin air in the past 2 years than ever existed in the previous 256 years unleashing inflation hell that is rippling throughout the entire world.
The man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that this fall we will see riots, food shortages, massive inflation, social unrest, higher gold prices and collapsing stock markets.
After a week that saw the price of gold and silver rally, despite the pullback on Friday, this could turn out to be the mother of all short squeezes in the gold market.
Here is an important gold and silver update revealing that managed money remains net short gold.
A day of reckoning is coming, look at these shocking inflation numbers, plus what will it take to crash this market?
The liquidity drain is still ahead as bulls and bears battle.
Gold is breaking out priced in euros as the credit crisis continues.
Get ready for rate cuts as auto bubble has burst and US economy slows.
The United States is facing a serious pension fund crisis and to make matters worse pension fund are now gambling on riskier assets. This has the potential to make the crisis much worse.